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Fight Inflation Without Recession? How Two Top Economists See It
The NPR Politics Podcast
Is the US Economy Likely to Suffer a Recession?
Summers: "There's a growing consensus that the US economy is likely to suffer a recession sometime in the next 18 months or so" The average recession sees a 3% increase in unemployment. Most benign recession has seen an increase of 1.5 percentage points in unemployment, he says.
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